The price pivot zone of 459.00 holds back sellers. An “inverted hammer” reversal pattern has formed on the daily chart, a likely reversal was confirmed by the bullish candle. Awesome Oscillator indicates a bullish divergence, while the moving averages of Stochastic Oscillator are in the oversold zone.
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Trading recommendations:
Buy from the current levels.
Stop Loss under the price pivot zone of 459.00.
Target levels: 510.00; 553.00.